Arti Kothari has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
KOTHARIPRO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Arti Kothari, a promoter/person acting in concert of Kothari Products Limited, has submitted a declaration to the stock exchanges confirming that neither she nor any persons acting in concert have created any encumbrance (pledge/charge) on their shareholding during the financial year ended 31st March 2026. This is a regulatory compliance filing as required under SEBI's takeover regulations. The declaration has been submitted to both BSE and NSE where the company's shares are listed.
A 'no encumbrance' declaration is generally viewed positively by markets as it indicates promoters have not pledged shares for loans, reducing the risk of forced selling. This reflects financial stability among the promoter group.